This analysis of #Morningstar is from one day before the IPO of #SpaceX. They listed three scenarios: - Moonshot (7%): ~ 158 USD - Minimal Viable Product (50%): ~ 70 USD - No Go (43%) : ~ 40 USD The share price stands at $166 today. It seems that many retail investors are blindly putting their faith in Elon Musk. Just take a look at the price-to-sales multiple compared to the Magnificent 7. Many will lose a lot of money. https://global.morningstar.com/en-gb/stocks/why-we-think-spacex-ipo-is-overvalued